Core Insights - OneStream has achieved FedRAMP High authorization status, meeting the federal government's strictest safety standards for cloud computing environments [1][4] - The FedRAMP program provides a standardized approach to security assessment and authorization for cloud products, facilitating the transition from legacy IT systems to secure cloud solutions [2] - The authorization positions OneStream as a leader in security and compliance, enabling finance leaders in government to enhance operational efficiency and transparency [3] Company Overview - OneStream is a leading enterprise finance management platform that unifies financial and operational functions, including financial close, consolidation, reporting, planning, and forecasting [1][6] - The platform has been FedRAMP authorized since 2018, initially achieving FedRAMP Moderate authorization before advancing to FedRAMP High in January 2025 [4] - OneStream serves over 1,600 customers, including 17% of the Fortune 500, and has a vision to be the operating system for modern finance [8] Industry Context - Finance teams in the public sector face increasing pressure to deliver efficiencies amid rapid organizational changes, with 73% of finance leaders reporting heightened expectations on CFOs in recent years [3] - Risk management is becoming a higher priority for organizations, with 73% of public sector leaders believing it will surpass growth or efficiency by 2035 [3] - The OneStream platform aims to empower finance leaders to become more strategic in navigating the complexities of legacy systems and evolving processes [3]
OneStream Achieves the Highest Level of Federal Security Compliance with FedRAMP High Authorization